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GM told the white-collar workforce Tuesday in an email that the company outperformed its earnings targets in 2024 and therefore it will base the bonus pay using a multiplier of 144%, up from 130% ...
Last month GM cautioned that the poor performance of its Chinese joint ventures would force it to write down assets and take a restructuring charge totaling more than $5 billion in the fourth quarter.
GM’s announcement came in a letter to shareholders from Chief Executive Officer Mary Barra on Tuesday, Jan. 28. The announcement coincides with the release of GM’s fourth-quarter financial ...
Workers at a GM plant can be seen walking behind the company's logo. (Roosevelt Cassio/Reuters) GM's adjusted earnings per share of $10.60 for the year surpassed the market expectation of $10.39.
However, one clip stands out. In a snippet from a 2021 docuseries episode ... How much weight that is, I think it depends by player/position.” New Jets GM Darren Mougey breaks down an important part ...
Last year, GM paid roughly 45,000 workers up to $12,250. United Auto Workers Vice President Mike Booth said in a letter to members the payments would be distributed on Feb. 28. The payouts will ...
General Motors Co.'s net income of $6 billion last year was down 41% from 2023 after the automaker lost $3 billion in the fourth quarter when it took charges of $5 billion for changes to its joint ...
But the company admitted a number of policy headwinds from the Trump administration could derail that profit guidance, as GM and the rest of the US auto industry deals with making plans in the ...